Crypto News

The digital asset has hovered around the $85K level since Tuesday, but it continues to claw back market share from competing altcoins. Following comments from Federal Reserve Chair Jerome Powell, BTC slipped under the $84K range. BTC Strengthens Its Grip as Altcoins Struggle Bitcoin ( BTC) has maintained its $85K price for the most part,Source link

Ahead of a massive token unlock on Thursday, the TRUMP meme coin team withdrew $4.6 million worth of USDC from a liquidity pool.Source link

A modest bitcoin rally to a possible challenge of the $86,000 level quickly reversed during U.S. afternoon trading hours on Wednesday as Federal Reserve Chairman Jerome Powell warned on the effects of President Trump's tariff regime."The level of the tariff increases announced so far is significantly larger than anticipated," said Powell in a speech. "The same is likely to be true of the economic effects, which will include higher inflation and slower growth."In other words, stagflation — a throwback to a sizable portion of the 1970s when the U.S. experienced weak economic activity alongside double-digit inflation."We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension," continued Powell.The price of bitcoin (BTC) fell about 2.5%...

OpenAI lays the groundwork for the agentic layer of AI—those smarter-than-smart assistants that not only talk and write but observe, act, and autonomously handle tasks.Source link

A Coinbase Research report suggests that the 41% drop in the cryptocurrency market capitalization (excluding bitcoin) from its December 2024 peak to mid-April 2025 may signal a new crypto winter. Uncertainty Stokes Indecision The 41% decline in the total cryptocurrency market capitalization, excluding bitcoin, from its December 2024 peak of $1.6 trillion to $950 billionSource link